Do you make your music public ?
I am not currently. But 20 -25 years ago my stuff was all public for free. It was getting a lot of downloads. In China alone it getting about 150 thousand downloads daily for a few years. China was about half the downloads worldwide.
My bass player is a comedian for a living. He does small tours in the States. He has a radio show that does okay. He was a regular on radio program that was heard by millions a few years ago.
He wants us to do everything live via the internet on various formats. The good, bad and ugly. All of it. All the music is free. We would make money off the platform and merchandise. He believes we could do it full time for a living. He has a few decades of experience.
If it is out there it has a much better chance.
My last band, Straight Jacket Theory, is on all the socials. iTunes, Apple Music, Spotify, Amazon, YouTube, etc... The reality is that we are older musicians. We have wives, kids, "real" jobs, mortgages, car notes.... life. It's meat and potatoes hard rock. I stopped trying to be Dream Theater in the 90s....lol! I can see all the stats. The downloads or lack thereof. The monthly listeners. The streams. Unless you have the ability to pour money into the system, the system does not work for you.
I chased this dream in my 20s. Got close. Looked at a deal. Walked away from said deal because our lawyer said we would be stupid to sign it. It was basically a slave contract. I think I would have been legally obligated to do my A&R guy's whites every Tuesday and Thursday...lol! When my second child was born, I decided I preferred to be financially stable rather than chase an industry that died in the 1990s.
I've been on big stages. Opened for huge bands. Have taken enough drugs to kill an elephant. Had a great time. And then grew up. I still love to play. And do so every day. But the reality is that no one is that interested in four guys in their 50s playing original music that they haven't heard of. This is a young man's game.
So why play covers? The fact of the matter is that people my age have disposable income. Or are more likely to have disposable income. When they go to a bar to hear music, they want to hear the music that they grew up with and is familiar to them. I like playing to people. THAT is my drug. I still do shows with my original band. About four times a year. I lug out the 100-watt half stack and the NASA command center pedalboard. I have a blast. Lean into the volume. Have a few drinks and play rock star for the night. And then go home. When I do the Bush band, I bring the Kemper and two guitars. Play to a room full of people singing along. Have a few drinks. Get paid. And go home.